Agents and residential landlords have long been concerned about tenants who work from home. There has always been a worry that by permitting the operation of a business the landlord…
Category: Industry News
HOW MUCH!!???
Bruce Attwood, Associate at Berriman Eaton says, “House prices always tend to be the topic of conversation whether in the school playground or at a dinner party. Also what we…
Wear and tear tax allowance for landlords to be scrapped
Landlords will no longer have automatic entitlement to a 10% tax break for wear and tear of their properties. The important change came largely unnoticed after yesterday’s Budget headline announcement…
Demand for Rental Property is continuing to increase.
Andy Roberts – Associate & Lettings Manager at Berriman Eaton says:- “Demand is outweighing supply at an alarming rate. This week we listed a house for rent in Codsall, a…
Stamp Duty changes save buyers over £700m
Home buyers have saved £701m in the six months since the introduction of the Stamp Duty Land Tax reforms on December 4, conveyancing firm myhomemove has calculated. The changes cut…
Cash buyers of homes at their highest ever at almost four in ten
A record number of people who bought homes in the first quarter of this year were cash buyers. Nationwide said that it estimated that the share of cash purchasers was…
Newly agreed rents rise 10% in a year
Newly agreed rents are 10.2% higher than a year ago, referencing firm HomeLet has reported. It says the average rent on a tenancy signed in the first three months of…
Mortgage lending on the rise, says Bank of England
The number of mortgage approvals for house purchase rose in February to 61,760 – the highest for six months.
Help to Buy ISA could be ‘very juicy carrot’ for first-time buyers
The Budget launched what looks like a voter-pleasing Help to Buy ISA which will act as a 25% top-up on deposits. The Chancellor described it as a tax cut for…
Wealthy students or maybe not!
Impoverished students pose as millionaires to view £5m flat All agents have had their share of tyre kickers and time wasters – but these two seem to have taken it…
